PECACO23

You are working in the machinery industry and you consider implementing cost center budget management. Which functions are available for cost center budget management? Note: There are 2 correct answers to this question. A. Budget values import with CSV file. B. Budget transfer from source cost center to multiple target cost centers. C. Availability control against monthly budget amount. D. Unused budget carry-forward to next fiscal year.

Why would you use manual cost allocation in Controlling? Note: There are 2 correct answers to this question. A. To correct secondary postings. B. To run simple allocations of plan data. C. To run simple allocations of actual data. D. To allocate costs using an allocation cycle.

For which objects can you enter statistical key figures? Note: There are 3 correct answers to this question. A. Cost elements. B. Cost centers. C. Functional areas. D. WBS elements. E. Internal orders.

What master data objects can you set up using time-based fields? Note: There are 2 correct answers to this question. A. Cost elements. B. Statistical key figures. C. Cost centers. D. Activity types.

You configure the commitment management solution for cost centers and projects in your SAP S/4HANA system. Which documents can create commitments against the budget?. A. Invoice for project related travel expenses. B. Goods receipt for production material stock. C. Purchase requisition for purchasing office materials. D. Purchase order for purchasing a car with direct capitalization.

You are running an indirect activity allocation. What do you post to the sender and receiver?. A. You post both quantity and cost to the receiver, and cost only to the sender. B. You post only cost to both the sender and receiver. C. You post both quantity and cost to the sender, and cost only to the receiver. D. You post quantity and cost to both the sender and receiver.

You would like to allocate primary and secondary costs from a cost center to another cost center. Which allocation method will you use?. A. Distribution. B. Assessment. C. Periodic reposting. D. Top down distribution.

You are setting up a direct internal activity allocation in SAP S/4HANA. What are valid receivers for the activity? Note: There are 3 correct answers to this question. A. Profit center. B. General ledger account. C. Sales order item. D. Internal order. E. WBS element.

You are creating a new activity type and want to maintain plan prices for a cost center. Which attributes must you configure in the activity type master record? Note: There are 3 correct answers to this question. A. Output quantity. B. Activity type category. C. Price indicator. D. CO version. E. Valid cost center categories.

Which statement best describes cost center standard hierarchy?. A. It is a structure where all cost centers with the same currency are defined. B. It is a structure to which all cost centers of a client have to be assigned. C. It is a structure where all cost centers within the same operating concern are defined. D. It is a structure to which all the cost centers within a controlling area are assigned.

What are some of the unique attributes of an assessment cycle in Controlling? Note: There are 3 correct answers to this question. A. They transfer primary and secondary costs. B. They can be defined with an allocation structure. C. They use the original cost element during transfer. D. They use a secondary cost element during transfer. E. They can be processed in an iterative way.

Which setting in the cost center master data do you use to assign the same attributes to similar cost centers?. A. Cost center category. B. Functional area. C. Cost center department. D. Standard hierarchy node.

How does SAP S/4HANA capture costs? Note: There are 2 correct answers to this question. A. Secondary costs are captured in extension ledger CO that references the leading ledger. B. Only primary costs are captured in general ledger accounts. C. Primary and secondary costs are captured on cost elements. D. Primary and secondary costs are captured in general ledger accounts.

You want to create a new standard cost estimate based on the quantity structure of the existing standard cost estimate. Which object do you use?. A. Costing type. B. Reference variant. C. Costing version. D. Transfer control.

You want to maintain a cost component structure. What can you determine for each cost component? Note: There are 3 correct answers to this question. A. Relevance of cost component to results analysis. B. Relevance of cost component to inventory valuation. C. Assignment of cost component to cost component group. D. Assignment of cost component to calculation base for overheads in costing sheet. E. Relevance of cost component to goods manufactured.

Which of the following objects can be selected in templates for activity-based costing? Note: There are 2 correct answers to this question. A. Business process. B. Cost center/activity type. C. WBS element. D. Internal order.

How can you define the overhead rate in a costing sheet? Note: There are 2 correct answers to this question. A. As quantity-based surcharge. B. As fixed value. C. As equivalence number. D. As percentage rate.

You want to determine which operations of the routing should be considered in a product cost calculation. How do you do this? Note: There are 2 correct answers to this question. A. By marking the cost indicator in the control key assigned to the operation. B. By defining a usage key in the header of the routing. C. By marking the Relevance to Costing indicator in the operation. D. By assigning a cost center to the work center in the operation.

You create a new cost estimate. Which of the following steps are required to update the standard price of the material? Note: There are 3 correct answers to this question. A. Run the cost estimate. B. Simulate the cost estimate. C. Activate the cost estimate. D. Release the cost estimate. E. Mark the cost estimate.

In the material master record there are three planned prices: "Planned price 1", "Planned price 2" and "Planned price 3". What do you use them for? Note: There are 2 correct answers to this question. A. To valuate future goods movements. B. To valuate the materials in cost estimates. C. To update the standard price at release of a cost estimate. D. To be used for reporting purposes.

Which processes split costs into their primary cost components? Note: There are 2 correct answers to this question. A. Business process price calculation. B. Execution of the assessment cycles. C. Top down distribution. D. Cost center/activity type price calculation.

Which scenarios can be covered by one single costing run? Note: There are 2 correct answers to this question. A. Standard cost estimate of all the materials in all company codes of a controlling area. B. Current cost estimate of all the materials in one plant. C. Inventory cost estimate of all the materials in one plant. D. Standard cost estimate of all the materials in all controlling areas.

You want to use a template to consider overhead during product costing. How do you assign the template to your material?. A. Using an origin group and an overhead group. B. Using an overhead group and an overhead key. C. Using a costing key and an overhead key. D. Using a cost component group and an overhead group.

Which parameters are controlled by the costing type in a costing variant? Note: There are 2 correct answers to this question. A. Price updates. B. Costing sheet. C. Save with date key. D. Price for materials.

To which object do you assign a costing sheet?. A. Costing type. B. Valuation variant. C. Cost component structure. D. Costing variant.

You have implemented Product Cost by Sales Order in conjunction with cost-based POC results analysis in your organization. For a particular sales order item, you have the following: Plan revenue = 3000; Plan costs = 2000 Actual revenue = 1200; Actual costs = 1000 What data does the system calculate during results analysis?. A. Revenue = 1500; Cost of sales = 1000; Capitalized revenue (revenue in excess of billings) = 300. C. Revenue = 1200; Cost of sales = 1000; Revenue surplus = 200. A. Revenue = 1500; Cost of sales = 1000; Capitalized revenue (revenue in excess of billings) = 300.

You want to understand why costs are collected on sales order item level. What do you need to check in the configuration? Note: There are 3 correct answers to this question. A. Requirements class. B. Costing type. C. Account assignment category. D. Requirement type. E. Valuation variant.

You want to enable WIP calculation in Product Cost by Period. What do you need to configure?. A. Settlement profile. B. Variance variant. C. Profitability Analysis (PA) transfer structure. D. Valuation variant.

In the Product Cost by Order process, what does the system calculate depending on the order status?. A. WIP at percentage of completion (POC) method or variances. B. WIP at target costs or variances. C. Both WIP and variances or only variances. D. WIP at actual costs or variances.

Which receiver must be allowed in the settlement profile of a product cost collector?. A. Profitability segment. B. Sales order item. C. Material. D. Order.

Which of the following statements best describe Product Cost by Order? Note: There are 2 correct answers to this question. A. It is used when full cost traceability is needed. B. It is used when controlling by individual production lots or discrete quantities is needed. C. It is used when you perform repetitive manufacturing. D. It is recommended for products with a long production time.

You have implemented Product Cost by Sales Order in conjunction with revenue-based results analysis in your organization. For a particular sales order item, you have the following: Plan revenue = 3000; Plan costs = 2000 Actual revenue = 1200; Actual costs = 1000 What data does the system calculate during results analysis?. A. Revenue = 1200; Cost of sales = 1000; Reserve = 200. B. Revenue = 1200; Cost of sales = 800; Reserve = 200. C. Revenue = 1200; Cost of sales = 1000; WIP = 200. D. Revenue 1200; Cost of sales = 800; WIP = 200.

Which of the following statements best describe Product Cost by Period? Note: There are 2 correct answers to this question. A. It is used to analyze work in process (WIP) based on actual costs. B. It is used to analyze costs by individual production lots. C. It is used in conjunction with a product cost collector. D. It is used when the focus of controlling is on a stable and continuous production process.

What can you manage via the account assignment category? Note: There are 2 correct answers to this question. A. Accounting via sales order. B. Results analysis key. C. Separate sales order stock. D. Costing variant.

Which default values can you configure for the product cost collector? Note: There are 2 correct answers to this question. A. Variance variant. B. Results Analysis (RA) version. C. Results Analysis (RA) key. D. Costing variant for preliminary costing.

At which level do you define the valuation method for results analysis?. A. Client. B. Operating concern. C. Controlling area. D. Valuation area.

How does the system derive the requirement type from the material master data? Note: There are 2 correct answers to this question. A. Strategy group-> planning strategy -> requirements type. B. MRP group requirements class -> planning strategy -> requirements type. C. MRP group-> strategy group -> planning strategy -> requirements type. D. Strategy group -> planning strategy -> requirements class -> requirements type.

Your enterprise has five company codes assigned to three separate operating chart of accounts. What is the optimal way of configuring the relationship between operating concerns and controlling area?. A.  One operating concern  Five controlling areas. B.  One operating concern  Three controlling areas. C.  Three operating concerns  Three controlling areas. D.  One operating concern.  One controlling area.

Which type(s) of Profitability Analysis update(s) the cost of goods sold at the time of delivery only?. A. Both margin analysis and costing-based. B. Margin analysis. C. Costing-based. D. Combined profitability analysis.

You are setting up costing-based Profitability Analysis for your organization. What are related configuration activities? Note: There are 3 correct answers to this question. A. Configure account determination for COGS split. B. Assign value fields to conditions. C. Enable attributed profitability analysis. D. Define characteristics. E. Configure summarization levels.

In SAP S/4HANA, you have decided to activate only account-based profitability analysis for your organization. You want to settle costs and revenue of a sales order item to a profitability segment. What do you need to configure?. A. PA transfer structure. B. Allocation structure. C. Cost component structure. D. Source structure.

Which statements are relevant to the cost of sales accounting method in profitability management? Note: There are 2 correct answers to this question. A. It presents revenues, primary expenses, changes in stock, WIP, and capitalized activities. B. It presents the costs and revenues information in a format that is ideal for conducting margin analyses. C. It aims to summarize activity and situational change for a given organizational unit over a period of time. D. It aims to match revenues for goods and services against sales-related expenses.

At what level do you create the structure of the operating concern for margin analysis?. A. Sales organization. B. Controlling area. C. Client. D. Cross client.

What values flow from Sales and Distribution billing to costing-based Profitability Analysis? Note: There are 2 correct answers to this question. A. Production variances split by variance categories. B. Value of "Gross Margin 2". C. Cost of goods sold split by cost components. D. Value of conditions of the pricing procedure.

What are some of the objectives of Profitability Analysis? Note: There are 2 correct answers to this question. A. Allow the company to determine if the sales force achieved their contribution margin goals. B. Allow the company to determine standard costs and revenues according to the period accounting method. C. Provide the company with a detailed view of its financial statements by areas of responsibilities. D. Provide the company with information on the performance of its market segments.

From which tables does SAP S/4HANA select line items in costing-based Profitability Analysis reports? Note: There are 2 correct answers to this question. A. ACDOCA. B. CE1XXXX. C. CE2XXXX. D. CE4XXXX_ACCT.

What do you need to set up in order to bring the values from the incoming sales orders into account-based Profitability Analysis?. A. A new standard G/L ledger with exclusive usage for "Prediction". B. An extension ledger of type "S: Line items with technical numbers / deletion possible". C. A multi-valuation ledger. D. An extension ledger of type "P: Line items with technical numbers / no deletion possible".

What are the prerequisites for automatic generation of the settlement rule to a market segment for a sales order item? Note: There are 2 correct answers to this question. A. Costing based profitability analysis is activated. B. The sales order item is assigned to a project. C. Attributed profitability analysis is activated. D. The sales order item is a cost object.

You want to run an assessment cycle in Margin Analysis to allocate costs during period-end closing for your organization. Which of the following objects can be part of the assessment cycle?. A. Tracing factor. B. PA transfer structure. C. Profit center. D. Source structure.

You want to derive the profitability segment for a line item in the universal journal using SAP S/4HANA standard configuration. What requirements must be fulfilled? Note: There are 2 correct answers to this question. A. The type of the general ledger account must be primary cost/revenue or secondary cost. B. Costing-based Profitability Analysis must be active. C. The type of the addressed ledger must be an extension ledger. D. Account-based Profitability Analysis must be active.

You have activated budget availability control against the overall value for an internal order and entered an overall budget of 10000. Actuals of 10000 were posted in the previous year. You are surprised to realize that a purchase order of 1000 was created for this internal order in the current year. How is that possible? Note: There are 2 correct answers to this question. A. The purchase order has NOT generated a budget relevant document yet. B. The purchase order was entered in a different year than the budget. C. The difference of 1000 is within the tolerance limits defined in the configuration. D. The cost account is exempted from budget availability control.

How do you maintain number range intervals for documents in Controlling? Note: There are 2 correct answers to this question. A. By document type. B. By business transactions. C. By controlling area. D. By client.

For which of the following situations would you need to implement the transfer price solution in SAP S/4HANA?. A. Parallel price calculation and invoicing are needed to facilitate intercompany reconciliation. B. Parallel valuation views of the same logistical flows are needed to differentiate between legal and profit center valuation. C. Parallel valuation views of the same logistical flows are needed to differentiate between legal and group valuation. D. Parallel costing is needed in order to calculate separate costs of goods manufactured for different accounting principles.

How can you configure the transfer price solution in SAP S/4HANA? Note: There are 2 correct answers to this question. A. Use separate segments for each valuation. B. Use separate ledgers for each valuation. C. Use separate currency types within the same ledger for each valuation. D. Use separate material ledgers for each valuation.

You create alternative CO versions for your controlling area, in addition to version 0. What would you use additional CO versions for? Note: There are 2 correct answers to this question. A. To store data of alternative plan costing runs. B. To store different budget data. C. To store different plan data. D. To store data of parallel valuation.

You want to use budget availability control for your projects and internal orders. What can you check using budget availability control? Note: There are 2 correct answers to this question. A. The availability of funds using overall plan value. B. The availability of funds on period level. C. The availability of funds in object currency. D. The availability of funds according to tolerance limits.

You want to set up integrated planning for your internal orders. What do you need to do? Note: There are 2 correct answers to this question. A. Set the relevant indicator in the internal order master record. B. Set the relevant indicator in the CO version. C. Set the relevant indicator in the controlling area. D. Set the relevant indicator in the planning profile of the order type.

Which of the following values can be calculated using results analysis? Note: There are 3 correct answers to this question. A. Work in progress. B. Reserves for unrealized costs. C. Cost of goods manufactured. D. Gross margin. E. Cost of sales.

How can you populate local variables in Profitability Analysis reports?. A. By populating from user parameters. B. By maintaining the configuration. C. By defining derivation rules. D. By user entry during report execution.

Which field can you select for both reporting in costing-based and account-based Profitability Analysis?. A. Record type. B. Cost element. C. Version. D. Value in Controlling Area Currency.

What are some of the characteristics of SAP Core Data Services (CDS) views? Note: There are 3 correct answers to this question. A. CDS views are considered system modifications. B. CDS views duplicate data for reporting efficiencies. C. CDS views have no latency. D. CDS views support authorizations. E. CDS views have ready-to-use content.

How would you explain automatic account assignment in SAP S/4HANA? Note: There are 2 correct answers to this question. A. It can be defined for postings on general ledger accounts of secondary costs type. B. Proposed values take precedence over validation and substitution. C. Proposed values can be overwritten in the application. D. It can be defined for postings on general ledger accounts of primary costs type.

You are implementing SAP S/4HANA and you want to run analytical reports off a single data model. How is data reported on in SAP S/4HANA?. A. Reporting on data is available in real-time at every level of detail. B. Reporting on data is available in real-time only for aggregated level of detail. C. Reporting on data is available in real-time if in conjunction with SAP BW/4HANA. D. Reporting on data is available in near real-time for aggregated tables.

What are characteristics of SAP S/4HANA embedded analytics? Note: There are 2 correct answers to this question. A. It uses data summarized in SAP BW/4HANA. B. It uses core data services (CDS) views to create virtual data models (VDMs) for reporting. C. It is hosted on the SAP Cloud Platform and integrates seamlessly with SAP S/4HANA on the Fiori Launchpad. D. It is part of the core SAP S/4HANA license and uses the same technical stack and user interface.

What can you do with statistical internal orders? Note: There are 2 correct answers to this question. A. Simultaneously post to a cost center. B. Perform results analysis. C. Perform budget availability control. D. Settle to a CO-PA segment.

You define rules in a status profile and assign the profile to your internal order type. What do you use the status profile for? Note: There are 3 correct answers to this question. A. To activate the CO partner update. B. To set the initial status as Created or Released. C. To permit or forbid specific transactions. D. To define the user status. E. To define users for the order.

You are considering using commitment management with internal orders. Where do you need to activate commitment management? Note: There are 2 correct answers to this question. A. In the order type. B. In the version. C. In the controlling area. D. In individual internal order master data.

Where do you define which cost elements are used during internal order settlement?. A. Derivation rule. B. Source structure. C. Allocation structure. D. Settlement rule.

What are some of the characteristics of planning for internal orders? Note: There are 2 correct answers to this question. A. You can define tolerance limits for plan overspend. B. Availability control can check against plan values. C. You can plan multiple versions. D. You can enter costs and revenues.

To which objects can you settle an internal order using cost elements with cost element category 21 (internal settlement)? Note: There are 3 correct answers to this question. A. Sales order item. B. WBS element. C. General ledger account. D. Network. E. Asset.

What can you configure in the settlement profile? Note: There are 2 correct answers to this question. A. Determine whether settlement is required. B. Determine an overhead key. C. Define settlement document type. D. Define a number range for settlement documents.

What parameters can you set up when defining order types? Note: There are 2 correct answers to this question. A. Define source structure. B. Allow revenue postings. C. Define default parameters for master record fields. D. Define document type.

Which of the following can you use to explore released APIs?. A. SAP Business Accelerator Hub. B. SAP Integration Suite. C. SAP Application Interface Framework.

Which of the following API types does SAP recommend to use to achieve clean core integrations? Note: There are 2 correct answers to this question. A. SOAP. B. RFC. C. IDoc. D. OData.

What are some SAP recommended guiding principles to achieve clean core operations? Note: There are 3 correct answers to this question. A. Integrate clean core practices in the end-to-end value process chain. B. Establish regular housekeeping tasks and procedures. C. Establish an organizational structure, technical foundation, and transformation methodology for clean core. D. Define roles and responsibilities as part of a process transformation office. E. Establish release management.

Which model can be used for ABAP cloud-native development?. A. The ABAP Cloud Development Model. B. ABAP RESTful Application Programming Model. C. The SAP S/4HANA Cloud Extensibility Model.

What are some of the characteristics of Profit Center Accounting in SAP S/4HANA? Note: There are 2 correct answers to this question. A. It requires the activation of margin analysis. B. It is possible to derive the profit center from the segment in configuration. C. It can be used with period and/or cost of sales accounting. D. It is integrated in the universal journal.

In which module do you process profit center allocations in SAP S/4HANA?. A. Cost center accounting. B. Product cost accounting. C. General ledger accounting. D. Account-based profitability analysis.

You post a billing document for a sales order with sales order controlling. What data flows to Profit Center Accounting? Note: There are 2 correct answers to this question. A. Order quantity. B. Payment discount. C. Revenues. D. Sales deductions.

You create a new profit center. Which company code(s) is it assigned to by default?. A. All company codes with document splitting activated. B. The company codes reporting to the same segment. C. The company code of the assigned cost center. D. All company codes within the controlling area.